The government has raised sugar price again by Tk 5 per kg with effect from February 1, 2023.
Bangladesh Sugar Refiners Association issued a circular in this regard on Thursday after a discussion with the Commerce Ministry.
Now, the maximum retail price of open (loose) sugar will be Tk 107 per kg while the price of packaged sugar will be Tk 112 per kg, reports UNB.
“Taking into account the price hike in the international market and the increase in the exchange rate of the US dollar and the production cost, the price of open sugar has been fixed at Tk 107 per kg and packed sugar at Tk 112,” said the circular.
Earlier, the government increased the retail price of sugar three months ago in November 2022. Currently, the price of packaged sugar is Tk 107 per kg and open sugar is Tk 102 per kg.